YTD Total Return As of 04/19/2024 | 0.92% |
Nav As of 04/19/2024 | $1.00 |
Nav Change ($0.00) | 0.00% |
Designed for investors seeking liquidity and convenience along with current income that is exempt from federal income taxes.
Key Facts
Investment Objective | Seeks safety of principal and high current income that is exempt from federal income tax |
Inception Date | 07/31/1984 |
Benchmark | Bloomberg U.S. 1-3 Month Treasury Bill IndexA |
Total Assets | $166,498,741 As of 03/31/2024 |
Total Holdings | 87 As of 02/29/2024 |
Distribution Frequency | Monthly |
Fees
| Gross Expense Ratio | 0.50% |
| Net Expense Ratio | 0.50% |
| All Accounts With $100 monthly automatic investment | $500 |
| IRA & CESAs With no automatic investment | $1,000 |
| All other accounts With no automatic investment | $2,500 |
Trading Information
| Ticker | BNTXX |
| CUSIP | 024934408 |
Fees
| Gross Expense Ratio | 0.50% |
| Net Expense Ratio | 0.50% |
| All Accounts With $100 monthly automatic investment | $500 |
| IRA & CESAs With no automatic investment | $1,000 |
| All other accounts With no automatic investment | $2,500 |
Trading Information
| Ticker | BNTXX |
| CUSIP | 024934408 |
Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized.
Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.
Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized.
7 Day Current Yield
3.70%
As of 04/19/2024
7 Day Effective Yield
3.77%
As of 04/19/2024
As of 03/31/2024
| Variable Rate Notes | 93% |
| Municipal Bonds | 3% |
| Municipal Commercial Paper | 2% |
| Municipal Notes | 1% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 03/31/2024
| 1 - 15 Days | 93.56% |
| 31 - 60 Days | 3.35% |
| 61 - 90 Days | 1.81% |
| 91 - 180 Days | 0.35% |
| 181 - 270 Days | 0.92% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
11.30 Days Weighted Average Maturity
As of 03/31/2024
Additional Resources
How To Buy
Individual Investors: Open a new account or use an existing account registration
Open New Account Log In NowFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon sale of your shares. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.
Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semiannual report for the most current information.
Fund shares are not guaranteed by the U.S. Government.
Because the fund invests primarily in municipal securities, it will be sensitive to events that affect municipal markets.
Investment returns are exempt from Federal taxes.
Please see the prospectus for details about sales charges.
Only Investor Class shares are made available to investors directly. Advisor, A, C, I, and Y Classes of shares are only available for purchase by institutions or other financial intermediaries. R, R5, and R6 Classes of shares are only available for purchase by group employer-sponsored retirement plans. Review definitions and minimums for all share classes.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
A sub index of the Bloomberg U.S. Short Treasury Index, the Bloomberg U.S. 1-3 Month Treasury Bill Index is composed of zero-coupon Treasury bills with a maturity between 1 and 3 months. As Treasury bonds and notes fall below one year-to-maturity and exit the Bloomberg U.S. Treasury Index, they become eligible for the Bloomberg U.S. Short Treasury Index. It excludes zero coupon strips.
7-Day Current Yield: More closely reflects the current earnings of the fund than the total return.
7-Day Effective Yield: Can be slightly higher than the 7-Day Current Yield because of the effects of compounding. The 7-Day Effective Yield assumes that income earned from the fund's investments is reinvested and generating additional income.
Investment Blend: Reflects the blend of securities owned by a fund. For example, the percentage of foreign or domestic stocks held by an equity fund or the percentage of corporate and government securities owned by a bond fund. The U.S./Foreign Convertibles grouping includes Convertible Bonds, Equity Linked Securities and Convertible Preferred securities.
Weekly Liquidity: The percentage of the fund's assets invested in daily liquid assets, government agency discount notes with remaining maturities of 60 days or less, securities that will mature or are subject to a demand feature that is exercisable and payable within five business days, and receivables scheduled to be paid within five business days.
Market Based NAV (Net Asset Value): The market based price of the fund's portfolio, also known as a "shadow NAV."
Maturity: Describes the portfolio of the fund in terms of the different maturities of the securities it holds.
Weighted Average Maturity (WAM): Uses effective maturity to approximate the remaining term to maturity of a fund's investment portfolio, weighted by dollar amount. Generally, the longer a fund's WAM, the more sensitive it is to changes in interest rates.
For detailed descriptions of indices or investing terms referenced above, refer to our glossary.
Source: Bloomberg Index Services Ltd